#BreakoutTradingStrategy 📈 Breakout Trading Strategy for Beginners

🔹 Quick Overview:

A simple and powerful method for new traders to catch big moves when price breaks key levels. Low risk and easy to follow.

🧭 Step-by-Step Guide:

1. Spot Key Levels:

Look for strong support or resistance zones.

2. Wait for a Breakout:

Price should clearly break the level with strong volume.

3. Enter the Trade:

Enter after the breakout candle closes or on a retest of the level.

4. Set Your Stop Loss:

Place it just below support (for buy) or above resistance (for sell).

5. Take Profit:

Target previous highs/lows or aim for a 1:2 risk-reward ratio.

⚠️ Pro Tip:

Avoid fakeouts by confirming with volume. Stick to higher timeframes like 1H or 4H for better reliability.

👉 Follow for more simple trading tips!